Washington (CNN) — In an extended shutdown, most of the federal workforce would go without pay, but the checks will keep coming to the 533 current members of Congress.
Who gets paid in a shutdown and who doesn’t? Continue reading
For nearly 20 years, in particular, the last 10 years, the courts, foreclosure defense attorneys, homeowners and politicians have been bamboozled by the blur and use of “MERS” – the service mark for the MERS® eRegistry system owned and operated now by MERSCORP Holdings, Inc.
“MERS” first became the acronym, an abbreviation for the first Mortgage Electronic Registration Systems, Inc., in 1995. This corporation was registered in Delaware on October 16, 1995. In 1997 Mortgage Electronic Registration Systems, Inc. registered “MERS” as the service mark with the United States Patent and Trademark Office (USPTO) for its mortgage loan eRegistry system. This original MERS corporation has long since been eaten up by other entities created by its executives and board of directors to replace it over the past 18 years. Bottom-line: The original Mortgage Electronic Registration Systems, Inc. is dead and it died in 1998… RIP
Posted by Larry Doyle on August 14, 2013
The Federal Reserve was founded in 1913 and here we sit 100 years later wondering who will be the next chair of this all powerful institution.
While there is serious politicking going on for both Larry Summers and Janet Yellen, will it really matter whether it is one or the other running this institution?
Perhaps at the margin and for optics the choice of Summers vs Yellen might matter, but in the grand scheme of things neither of these individuals is going to redirect the Federal Reserve from its failed policies. You don’t think so? Continue reading
And unless Americans are willing to face the facts and hold people (including corporations) ethically and financially accountable, we will lose the land and freedom we have fought so hard to protect. Democracy is in distress.
The question every American is asking is “when will this depressed economy start to recover?” The typical political answer is, “there is no silver bullet.” Then why do these politicians keep using the shotgun approach against homeowners?! Continue reading
“Citizens of the world we have seen the erosion of due process, the dilution of constitutional rights…” – yeah, ya think?
The Federal Reserve is the latest government agency to be hit by a cyber attack, according to reports. The breach reportedly hit an emergency communications system out of St. Louis.
Anonymous warns this is just the beginning… Continue reading
By Susie Madrak, January 18, 2013
‘Breaking The Law Should Not Be A Business Expense’
In the past, federal regulators have been known to include provisions that waived the ability of a company to write off the costs of a settlement. But since our banks are always considered Too Big To Fail, they are of course offered every consideration, and We the Continue reading
Econ4 Video on the Housing and Foreclosure Crisis
NakedCapitalism’s Yves Smith is the strong voice of reality on the front lines of the foreclosure war. Posted on December 6, 2012 is a serious message that needs to circulate around the world.
The economy is on the fiscal cliff because of the failed policy decisions not to prosecute the banks in addition to how the unscrupulous securitized mortgage business has been handled.
Blaming borrowers for the frauds committed by the banks has eaten away at the core of our society. “Normally, in history,” said Yves, “when lenders were that incompetent, they went bust and that was capitalism. And now instead, we have a system where lenders who are so grossly incompetent that they should have gone bankrupt – are propped up – that’s socialism for the rich.” Continue reading
By DEADLY CLEAR
Republicans keep calling every national program – Socialism. They had been told to blame Democrats for social security, Medicaid and Medicare – all popular programs that they use and need. The inconvenient truth is that the entire world economy, controlled by the elite [aka SWAMP], is a Financial Socialist Order. The new Democrat Elite Financial Socialism has caused this global destruction, destroyed the old parties, made it so clouded with infiltration you couldn’t tell the difference between left and right – and failed to let their own party folks know – the good ol’ days are gone for the hypocrites too.
By Matthew Cardinale, Inter Press Service
29 August 11
he first-ever audit of the US Federal Reserve has revealed $16 trillion dollars in secret bank bailouts and has raised more questions about the quasi-private agency’s opaque operations. “This is a clear case of socialism for the rich and rugged, you’re-on-your-own individualism for everyone else,” US Senator Bernie Sanders, an Independent from Vermont, said in a statement.Editorial Comment
Posted By Dale Parsons
August 26, 2011
Remember Barack Obama’s “Yes we can” victory speech from Chicago’s Grant Park on Election Night 2008? Nearly three years later, what’s happened to the hope and promise of that November evening? For millions of American families struggling with foreclosure, it’s become nothing more than empty words and disappointment from an Administration that believes “Wall Street is our Main Street” and “foreclosures are good for the economy.” Their half-assed attempt to alleviate the foreclosure crisis, HAMP, has proved to be nothing more than a cruel
Deadly Clear 